Global Market: European shares fall as HSBC earnings drag banking stocks
European shares fell as HSBC's disappointing revenue weighed on banking stocks, while political unrest in France dampened investor sentiment. The STOXX 600 slipped, with gains in healthcare stocks following Novartis' upgraded earnings outlook offering some support.
European shares fell on Tuesday as disappointing earnings from HSBC weighed on banking stocks, while persistent political and social tensions in France added to investor caution.The pan-European STOXX 600 index was down 0.2% at 639.64 points by 0805 GMT, giving up some of the gains from Monday, when the benchmark had climbed nearly 0.8%.US MarketsPowered ByAs on 27 Oct 2026, 01:30 AM ISTS&P 500 Top GainersSynopsys454.33(5.62%)Akamai Technologies98.50(5.31%)Tesla391.62(5.21%)Lockheed Martin635.20(5.13%)Gainers»S&P 500 Top LosersFair Isaac708.07(-13.15%)Coterra Energy32.56(-8.62%)DoorDash168.44(-6.10%)Charter Communications102.18(-5.92%)Losers»Banking stocks led the declines, with the sector index falling 1.3% after HSBC shares slumped 6.9%.
